FOMC Minutes: Fed To Announce Unwind In September
The North Korean fears are gone from the market completely as the stock market digests the great earnings reports and great economic reports. I can not think of a better scenario for stocks as we have a dovish Fed, U.S. growth accelerating, record corporate profits, regulation cuts, and emerging market growth. The stock market rallied…
Small Business Margins Weakening, But The Economy Is Strong
The Atlanta Fed released some surveys which we will look at to get an idea of the direction of the economy in the 6th Federal Reserve district which includes Mississippi, Florida, Georgia, Alabama, Louisiana, and Tennessee. The headline survey was about inflation, but there’s not much to discuss with that because the survey hasn’t shown…
A Trade Idea in this Stock
Stocks were up decently this morning until the POTUS announcement that he would be ending both forums. In tonight's video we focus in on the transportation sector. Watch this video for a trade opportunity in one of the transportation stocks. Also you're invited to attend a free online seminar to learn, "A Trading Strategy for…
Retail Sales & Manufacturing Are Very Strong
The economy has been improving in 2017 as global trade lifts off. We’ve had one of the most unusual scenarios take place this year. As you can see in the chart below, the Fed loan officer survey shows that the credit conditions have eased despite the Fed raising rates That’s not usually how it works,…
Trade Growth Expands, Defying Protectionist Fears
An interesting analysis talking point is the cyclical improvement in the global economy spurred by the emerging markets. The chart below shows the improvement in global trade. Everything the mainstream economists and investors said about the global economy last year was wrong. They misunderstood the trade weakness, saying it caused by politics. If you think…
Retailers Fall After Strong Retail Sales Report
Markets at extremes... from volatility spikes to today's ultra quiet trading day. In tonight's video we focus in on the retail sector. Despite a strong retail sales report most of the retail stocks were down today. Price sensitive consumers continue to flock towards discount retailers at the expense of many retail companies. Watch this…
International Earnings Seize The Day
Let’s continue to look at this earnings period because it will direct stocks for the next few months unless North Korea and the debt ceiling bring new headline risk. As you can see from the chart below, the firms that had more international exposure had better revenue growth and margin expansion (their profits showed even…
Earnings Are Amazing, But Investors Leave Disappointed
The earnings season is now about 90% over, so when we look at the results, they are close to what the finalized ones will look like. The biggest lever of this great earnings season remains margins. The latest results show margins were 10.22%. That’s higher than the previous cycle high which was 10.10% in Q3…
These Stocks No Longer Driving Markets
A violent rally in the market as volatility collapsed just when it was nearing historically normal levels. In tonight's video we look at which stocks are leading the market because they are not the stocks you'd expect. Watch this video to find out what key sector to watch and for a trade idea...
North Korean Risk Fades As Stocks Rebound
Geopolitical Risk The market calmed down on Friday which was slightly surprising because of the North Korean threat. Investors didn’t have a problem going into the weekend with their money invested in stocks even though the situation could become volatile again. The S&P 500 was up 0.13% and the Nasdaq was up 0.64% as Amazon…